Lexroom, a European legaltech startup, announced that it has sealed its first two M&A transactions only four months after closing a $50 million Series B financing round.
Milan-based legal AI company Lexroom raised $50 million in Series B funding led by Left Lane Capital. The company develops AI infrastructure for legal professionals using a proprietary database of over 6 million verified legal sources. The platform is used by over 8,000 law firms and corporate legal teams globally, with plans to expand across civil law jurisdictions in Europe starting with Spain and Germany.